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U.S. Steel, Ancora

Ancora nominates nine candidates to U.S. Steel board, pushes to end Nippon deal

Activist investor Ancora has nominated nine candidates to U.S. Steel's board of directors, as it looks to oust company CEO David Burritt and push the American steelmaker to back out of a $14.9 billion merger deal with Japan's Nippon Steel.

The New York Times · 19h

Activist Investor Seeks to Oust U.S. Steel Chief Over Nippon Deal

The two steel makers are seeking to revive Nippon Steel’s $14 billion takeover of U.S. Steel after it was blocked by the Biden administration.

Hosted on MSN · 1d

Why activist investor Ancora Holdings wants US Steel to drop Nippon merger?

Activist investor Ancora Holdings has acquired a stake in US Steel and is urging the steelmaker to abandon its merger agreement with Japan’s Nippon Steel, according to a Wall Street Journal report. Ancora intends to encourage shareholders to remove US Steel’s CEO David Burritt,

20h

US Steel now all about striking while iron is hot

The long United States Steel saga has suddenly become a matter of urgency. Boss David Burritt is fighting to salvage a $15 ...

21hon MSN

New player arrives in U.S. Steel-Nippon takeover saga with the goal of quashing it

An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker ...

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